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20110729
20110729
Search Results 0 to 5 of about 6 (some duplicates have been removed)
writes, get this, $80 million different checks. for everything from big ticket items like social security, veterans benefits, and nondefense contracts, to smaller payouts, to folks who are, for example, victims of black lung disease, or people who are railroad retirement board pensioneers. it's 80 million checks every single month. and, again, only about half the money they'll need to make good on all of those payments. so what does treasury do? who gets paid? who doesn't? laid out a possible scenario in which the treasury department only pays the following bills in august. interest on our debts, social security benefits, medicare and medicaid, defense contracts, and unemployment benefits. just paying those bills, just those, not everything we owe, just those, brings us to about $172 billion. which if you'll remember is all the money that they will have on hand. if only those programs get paid, here, my friends, is what doesn't get paid. military pay for active duty soldiers, veterans affairs programs, salary and benefit for federal employees, department of education, food services for lo
Search Results 0 to 5 of about 6 (some duplicates have been removed)